Alstom and Bharat Forge Intend to Set Up Joint Venture

Posted on November 12, 2008

Alstom and Bharat Forge Ltd signed a shareholder's agreement which opens the way to the creation of a joint venture company based in India. The new company will manage the whole process from engineering and manufacturing to selling and commissioning state-of-the-art 600 MW to 800 MW supercritical turbine island power plant equipment in India.